Towar Storage Systems Private Limited
About Towar Storage Systems Private Limited
Data last updated:
Towar Storage Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 16 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1983PTC010032. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27.8 Lakh and a paid-up capital of ₹27.8 Lakh. It is led by directors Krishnan Prakash and Krishnan Lakshman.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.C60 SIDCO Industrial Estate Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209.
As per the financials filed for FY 2025, the company reported a revenue of ₹45,973, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Lakh (net margin -292.5%) and EBITDA of -₹1.33 Lakh (EBITDA margin -289.2%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹16 Lakh and satisfied charges of ₹46.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Towar Storage Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.C60 SIDCO Industrial Estate Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Towar Storage Systems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Towar Storage Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Towar Storage Systems Private Limited, buy the company report.
Financials of Towar Storage Systems Private Limited
FY 2025 filings availableTowar Storage Systems Private Limited reported revenue of ₹45,973 (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 90% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.33 Lakh | ||||
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| Net Profit (PAT) | -₹1.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -289.2% | ||||
| Net Profit Margin | -292.5% | ||||
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To see the full financial statements and ratios of Towar Storage Systems Private Limited, buy the company report.
Board of directors of Towar Storage Systems Private Limited
Towar Storage Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Prakash | Director | 16 May 1983 | 43 Years 5 Months | Current |
| Krishnan Lakshman | Director | 16 May 1983 | 43 Years 5 Months | Current |
Peer comparison
Towar Storage Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa Janki Bricks Industries Private Limited | ₹47,150 (FY 2016) | 5.0% | Darbhanga, Bihar, India | |||
| Pazhookudy Associates Private Limited | ₹47,100 (FY 2024) | -27.0% | Kothamangalam, Kerala, India | |||
| Bankey Bihari Alloys Private Limited | ₹46,610 (FY 2019) | -29.0% | Uttar Pradesh, India | |||
| Appa Digital 1 Private Limited | ₹46,020 (FY 2024) | Hyderabad, Telangana, India | ||||
| Kailamata Aluminium Extrusion Private Limited | ₹46,000 (FY 2022) | Mhow, Madhya Pradesh, India | ||||
| Towar Storage Systems Private Limitedthis company | ₹45,973 (FY 2025) | -₹1.34 Lakh | -292.5% | -90.0% | Chennai, Tamil Nadu, India | |
| Chhabra Steel Strips Private Limited | ₹45,780 (FY 2024) | Chandigarh, India | ||||
| Shree Khodiyar Tube Industries Private Limited | ₹45,522 (FY 2024) | Pardi, Gujarat, India | ||||
| Gee Bee Ferro and Power Private Limited | ₹45,193 (FY 2025) | Kolkata, West Bengal, India | ||||
| Brevion Technology Private Limited | ₹45,050 (FY 2022) | -81.0% | Belgaum, Karnataka, India | |||
| JDPS Castables Private Limited | ₹44,383 (FY 2024) | -76.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Towar Storage Systems Private Limited, buy the company report.
Auditor
Towar Storage Systems Private Limited is audited by P.MURALI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.MURALI | FY 2017 | 023199 |
Shareholding
The shareholding of Towar Storage Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Towar Storage Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2010 | 10248953 | Indian Overseas Bank | ₹30.4 Lakh | Satisfied | |
| 22 Aug 2003 | 80061182 | Indian Overseas Bank | ₹8 Lakh | Satisfied | |
| 22 Aug 2003 | 90305441 | Indian Overseas Bank | ₹8 Lakh | Satisfied |
To see the full charge records of Towar Storage Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Towar Storage Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Towar Storage Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Towar Storage Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Towar Storage Systems Private Limited, buy the company report.
Recent activity
Towar Storage Systems Private Limited has 2 board changes on record since 1983: 2 appointments. The latest: Krishnan Lakshman was appointed as Director on 16 May 1983.
1 earlier event is in the company report.
Frequently asked questions
Towar Storage Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 16 May 1983 (43+ years old) and is registered under CIN U27104TN1983PTC010032.
Towar Storage Systems has 2 current directors:
- Krishnan Prakash - Director
- Krishnan Lakshman - Director
The latest financial statements of Towar Storage Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Towar Storage Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Towar Storage Systems is U27104TN1983PTC010032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Towar Storage Systems was incorporated on 16 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Towar Storage Systems by revenue are Maa Janki Bricks Industries Private Limited, Pazhookudy Associates Private Limited, Bankey Bihari Alloys Private Limited, Appa Digital 1 Private Limited, Kailamata Aluminium Extrusion Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Krishnan Lakshman was appointed as Director on 16 May 1983. Krishnan Prakash was appointed as Director on 16 May 1983.
The registered office of Towar Storage Systems is at No.C60 SIDCO Industrial Estate Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209.
Towar Storage Systems operates in the metal and minerals industry, in the metalworking segment.
Towar Storage Systems has open charges of ₹16 Lakh and satisfied charges of ₹46.4 Lakh as per latest MCA filings.